Good question. As its not really known how these two terms terms “qualified purchaser” and “accredited investor” are often thought to intend similar meaning and are used in place of each other. However, there are some key differences.
As it may be noted, the financial thresholds for accredited investors are significantly lower than those for qualified purchasers. Accredited investors need to have a net worth (excluding primary residence) of more than $1 million, or must have earned income above $200,000 per year ($300,000 combined with a spouse) for at least three years.
Meanwhile, qualified purchasers must have at least $5 million worth of investments. For this reason, qualified purchasers are sometimes referred to as “super-accredited” investors, or some something similar to that.
Its like a higher version to accredited investors.